Sugar Advisory Board recommends exporting 100,000 MT of sugar
Minister for Industries and Production Rana Tanveer Hussain chaired a meeting of the Sugar Advisory Board (SAB) which recommended exporting 100,000 metric tons of sugar.
Editor
Industry Ministry rebuts withdrawal of gas subsidy for fertilizer companies
The Ministry of Industry and Production issued a rebuttal on Saturday on the news circulating about the withdrawal of gas subsidy for fertilizer companies is baseless. according to the Ministry’s Spokesperson, this matter was never included in the cabinet’s agenda.
Adil Aziz
ECC approves mechanism for weighted average price of urea
The Economic Coordination Committee (ECC) of the Cabinet approved a mechanism for the weighted average price of urea, directing the National Fertilizer Marketing Limited (NFML) to ensure a reasonable price for the commodity and the Ministry of Industries and Production to provide oversight to the whole process.
ECC approved raise gas tariff from November
The Economic Coordination Committee of the Cabinet approved revision of the natural gas sale pricing for different categories of consumers for the fiscal year 2023-24, with effective from November 1st, 2023.
KCCI is the rejected hike of gas tariff by ECC
The Karachi Chamber of Commerce & Industry and all seven industrial town associations of the city, while unanimously terming the extortionate hike in gas tariffs for export-oriented and general industries as ‘unviable, unacceptable & unfeasible’, vociferously appealed Prime Minister and his cabinet not to accept ECC’s decision of such a huge increase in gas tariffs and consider bringing gas tariffs to a level where these become viable and absorbable so that the wheels of industries in Karachi keep spinning.
ECC approve to increase gas tariff for all consumers from November
ECC approved revision of gas pricing, and also immediate orders to import of 200,000 MT of Urea Fertilizer and One Million tons of milling wheat for FY-2023-24.
Mehfooz
ECC continues ban on sugar exports
The Economic Coordination Committee (ECC) of the cabinet reviewed its prevision decision regarding sugar export quota and continued ban on commodity’s export, which was in place since August 10, 2023. “The ECC reviewed its previous decision regarding export quota of sugar and after detailed discussion and deliberation decided that in light of the previous decision…
ECC approves proposed revised features of scheme, its budgetary impact as proposed by SBP
The summary of the Finance Division regarding SME Asaan Finance (SAAF) Scheme was submitted for consideration by the ECC The Economic Coordination Committee (ECC) approved the proposed revised features of the scheme and its budgetary impact as proposed by the State Bank of Pakistan (SBP). The ECC considered a summary of Ministry of Industries and…
ECC approves exports by mills in Sindh, allows them remaining 32,000 MT in 60 days
The meeting of the Economic Coordination Committee (ECC) approved the Summary of the Ministry of Commerce regarding the extension of the period for the export of Sugar quota by sugar mills in Sindh and allowed them to export the remaining sugar quota of 32,000 MT within 60 days with effect from 12th June onwards in…
ECC approve to allow import pharmaceutical raw material
The ECC approved another summary of Ministry of Commerce regarding amendment in relevant clause in the Import Policy Order 2022 to allow government agencies to import pharmaceutical raw material. In addition to approving various summaries, the Economic Coordination Committee (ECC) of the Cabinet, approved Rs1,914.83 million technical supplementary grants for various ministries and divisions. According…